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Supplementary Unrestricted Subsidiary Information
9 Months Ended
Sep. 30, 2025
Condensed Financial Information Disclosure [Abstract]  
Supplementary Unrestricted Subsidiary Information Supplementary Unrestricted Subsidiary Information:During 2024, we formed the Uniti Fiber ABS Parent LLC (“ABS Parent”) and the ABS Bridge Loan Parties, each an indirect, bankruptcy-remote subsidiary of the Company, and we designated ABS Parent and the ABS Bridge Loan Parties as unrestricted subsidiaries under the Credit Agreement and the applicable indentures governing the Company’s outstanding senior notes. During 2025, we formed the ABS Notes Obligors (other than Uniti Fiber GulfCo LLC, which was formed in 2024), each a subsidiary of ABS Parent and an indirect, bankruptcy-remote subsidiary of the Company. Each ABS Notes Obligor is an unrestricted subsidiary under the Credit Agreement and the applicable indentures governing the Company’s senior notes. See Note 5.
Below are the Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024, and the Condensed Consolidated Statements of Income for the nine months ended September 30, 2025 and 2024, respectively, of such unrestricted subsidiaries:

As of September 30, 2025
(Millions)Unrestricted SubsidiariesRestricted SubsidiariesEliminationsConsolidated
Assets:
Current assets:
Cash and cash equivalents$1.9 $156.1 $— $158.0 
Restricted cash68.5 5.4 — 73.9 
Accounts receivable, net11.2 372.7 (38.6)345.3 
Prepaid expenses— 104.0 — 104.0 
Other current assets— 193.0 — 193.0 
Total current assets81.6 831.2 (38.6)874.2 
Goodwill— 1,164.3 — 1,164.3 
Intangible assets, net— 1,352.4 — 1,352.4 
Property, plant and equipment, net448.7 7,610.7 — 8,059.4 
Operating lease right-of-use assets, net— 541.4 — 541.4 
Other assets23.2 95.6 (31.3)87.5 
Total assets$553.5 $11,595.6 $(69.9)$12,079.2 
Liabilities and shareholders' equity (deficit):
Current liabilities:
Accounts payable$34.0 $166.5 $(38.6)$161.9 
Deferred revenue6.0 179.2 — 185.2 
Current portion of operating lease obligations— 124.3 — 124.3 
Accrued taxes2.4 63.9 — 66.3 
Accrued interest7.6 153.9 — 161.5 
Other current liabilities— 371.1 — 371.1 
Total current liabilities50.0 1,058.9 (38.6)1,070.3 
Notes and other debt, net577.9 8,728.5 (21.3)9,285.1 
Noncurrent operating lease obligations— 381.3 — 381.3 
Noncurrent deferred revenue51.5 337.9 (10.0)379.4 
Deferred income tax assets, net— 13.7 — 13.7 
Other liabilities— 268.6 — 268.6 
Total liabilities679.4 10,788.9 (69.9)11,398.4 
Shareholders' (deficit) equity:
Total shareholders' (deficit) equity(125.9)806.7 — 680.8 
Total liabilities and shareholders' equity (deficit)$553.5 $11,595.6 $(69.9)$12,079.2 
As of December 31, 2024
(Millions)Unrestricted SubsidiariesRestricted SubsidiariesEliminationsConsolidated
Assets:
Current assets:
Cash and cash equivalents$1.7 $153.9 $— $155.6 
Restricted cash28.1 0.1 — 28.2 
Accounts receivable, net9.0 46.4 (3.9)51.5 
Prepaid expenses— 16.2 — 16.2 
Other current assets0.1 18.0 — 18.1 
Total current assets38.9 234.6 (3.9)269.6 
Goodwill— 157.4 — 157.4 
Intangible assets, net— 275.4 — 275.4 
Property, plant and equipment, net446.5 3,763.2 — 4,209.7 
Operating lease right-of-use assets, net— 126.8 — 126.8 
Deferred income tax assets, net— 128.0 — 128.0 
Other assets0.8 284.9 (170.5)115.2 
Total assets$486.2 $4,970.3 $(174.4)$5,282.1 
Liabilities and shareholders' equity (deficit):
Current liabilities:
Accounts payable$3.2 $14.3 $(3.9)$13.6 
Deferred revenue4.6 79.9 — 84.5 
Current portion of operating lease obligations— 12.7 — 12.7 
Accrued taxes0.2 6.9 — 7.1 
Accrued interest0.9 143.0 — 143.9 
Other current liabilities— 118.9 — 118.9 
Total current liabilities8.9 375.7 (3.9)380.7 
Notes and other debt, net271.3 5,512.3 — 5,783.6 
Noncurrent operating lease obligations— 67.8 — 67.8 
Noncurrent deferred revenue38.9 1,277.6 — 1,316.5 
Other liabilities— 185.4 — 185.4 
Total liabilities319.1 7,418.8 (3.9)7,734.0 
Shareholders' equity (deficit):
Total shareholders' equity (deficit)167.2 (2,448.6)(170.5)(2,451.9)
Total liabilities and shareholders' equity (deficit)$486.3 $4,970.2 $(174.4)$5,282.1 
Nine Months Ended September 30, 2025
(Millions)Unrestricted SubsidiariesRestricted SubsidiariesEliminationsConsolidated
Total revenues and sales$104.3 $1,260.5 $(47.5)$1,317.3 
Costs and expenses:
Cost of services (exclusive of depreciation and
   amortization)
38.5 324.4 (39.2)323.7 
Cost of sales (exclusive of depreciation
   and amortization)
— 27.4 — 27.4 
Selling, general and administrative9.8 175.9 (8.3)177.4 
Depreciation and amortization17.5 344.2 — 361.7 
Gain on sale of operating assets— — — — 
Transaction related and other costs— 179.0 — 179.0 
Total costs and expenses65.8 1,050.9 (47.5)1,069.2 
Operating income38.5 209.6 — 248.1 
Other expense, net— (1.3)— (1.3)
Gain on settlement of preexisting relationships0.2 1,685.2 — 1,685.4 
Interest expense, net(32.6)(434.4)— (467.0)
Income before income taxes6.1 1,459.1 — 1,465.2 
Income tax benefit— 145.2 — 145.2 
Net income$6.1 $1,604.3 $— $1,610.4 

Nine Months Ended September 30, 2024
(Millions)Unrestricted SubsidiariesRestricted SubsidiariesEliminationsConsolidated
Total revenues and sales$46.8 $836.8 $(10.0)$873.6 
Costs and expenses:
Cost of services (exclusive of depreciation
   and amortization)
— 98.5 — 98.5 
Cost of sales (exclusive of depreciation
   and amortization)
— 8.2 — 8.2 
Selling, general and administrative23.6 66.9 (10.0)80.5 
Depreciation and amortization12.1 222.8 — 234.9 
Gain on sale of operating assets— (19.0)— (19.0)
Transaction related and other costs— 31.1 — 31.1 
Total costs and expenses35.7 408.5 (10.0)434.2 
Operating income11.1 428.3 — 439.4 
Other income, net— 0.3 — 0.3 
Interest expense, net(17.0)(364.7)— (381.7)
(Loss) income before income taxes(5.9)63.9 — 58.0 
Income tax benefit— 13.8 — 13.8 
Net (loss) income$(5.9)$77.7 $— $71.8